March 20, 2018 / 9:27 AM / a month ago

BRIEF-Vantage Development Revokes Its Dividend Policy

March 20 (Reuters) - VANTAGE DEVELOPMENT SA:

* SAID ON MONDAY THAT IT RESOLVED TO REVOKE ITS DIVIDEND POLICY

* DECISION IS RELATED TO CURRENT SHAREHOLDING STRUCTURE OF COMPANY WHERE 100% STAKE OF COMPANY IS HELD BY SHAREHOLDERS IN AGREEMENT

* VANTAGE DEVELOPMENT DECIDED NOT TO ADOPT A NEW DIVIDEND POLICY

* DECISIONS ABOUT PROFIT DISTRIBUTION OR LOSS COVERAGE WILL BE EACH TIME BASED ON CURRENT SITUATION OF COMPANY

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Further company coverage: (Gdynia Newsroom)

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